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Sustainable Ocean Alliance

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About Sustainable Ocean Alliance

The Ocean Leadership Program provides a platform to build the capacity and connectivity of young leaders from around the world in taking effective and meaningful ocean-related action.

Headquarters Location

1160 Battery Street

San Francisco, California, 94111,

United States

628-777-5991

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Latest Sustainable Ocean Alliance News

Sustainable Ocean Alliance Transforming From Accelerator To ‘Ecopreneur Network’

Sep 30, 2022

Got it! AFP via Getty Images Cohorts come in waves for the Sustainable Ocean Alliance. The first group of startups supported by the nonprofit included SafetyNet Technologies, CalWave Technologies and LOLIWARE . Those three first-wave cohorts have accomplished much since their selections in 2018, says Daniela Fernandez, alliance founder and CEO. The alliance also is transforming, moving from an accelerator program to a “ecopreneur network.” “We don’t want to be a time-bound program anymore,” Fernandez says. Given the urgency of problems facing the world’s oceans, the California-based Sustainable Ocean Alliance ( SOA ) will soon introduce a membership model for startups, with lifetime support akin to a “rolling, concierge-like service.” A new round of applications will open during the 27th annual UN Climate Change Conference (aka COP27 ) in November. SOA’s goal is to raise $100 million in the next three years and become a self-sustaining organization, rather than continue to follow the philanthropic model of asking for funding every year from foundations. MORE FOR YOU About $15 million has been raised to date. As more foundations come aboard and startups see returns, the revenue stream will grow and help fund more solutions, Fernandez says. “We have a piece of equity from startups, once they enter the program. So we are investors in these startups. If they’re successful, we’re successful.” SOA has supported 45 startups to date, and believes returns are coming soon. That first wave of cohorts—SafetyNet Technologies, CalWave Technologies and LOLIWARE— are “thriving and still having an impact,” Fernandez says. SafetyNet Technologies , for example, says its team, product portfolio and revenues have grown since graduating from SOA’s first accelerator cohort. “We've launched a wave of commercial trials all over the world with Pisces, our bycatch-reduction technology, working with the leading fish-capture stakeholders including Trident, Clearwater, Cooke Aquaculture, the UN, Tesco and Marks & Spencers,” says Dan Watson, co-founder and CEO. “We've also developed a new product, CatchCam , which is an affordable, robust camera system for fishing crews to finally see what's going on in their fishing gear” to be launched in the fourth quarter of 2022. CatchCam is described as 'a full system with everything you need to take quality videos of your ... [+] fishing gear in action.' SafetyNet Technologies For the future, SOA sees a need to continue educating governments globally about the role technology can play in solving the ocean crisis (from plastics to climate change and more). “For example, when you look at the recent (inflation reduction) act that passed in the U.S., there’s not a lot of talk around wave energy , which is actually move efficient than solar and wind energy,” Fernandez says. There’s a gap in investment and funding as startups start to scale, she adds. “Solutions are out there and talent exists. We just need the backing of governments and financial institutions to truly get these ideas out.” Fernandez worries about proposals to the UN for deep-sea mining . “A lot of corporations are claiming to have used up most of the minerals in land and now they need more,” the CEO says. “Mining the deep sea is equivalent to deploying a nuclear bomb in the ocean. “No startup company is going to be able to fix a completely annihilated ocean seafloor. So if we’re trying to restore and regenerate the environment, how can we allow this to happen in our lifetime?”

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Sustainable Ocean Alliance Frequently Asked Questions (FAQ)

  • Where is Sustainable Ocean Alliance's headquarters?

    Sustainable Ocean Alliance's headquarters is located at 1160 Battery Street, San Francisco.

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